Nigeria’s renewable scale up gets boost with 19 SEforAll grants 

Business a.m. Sustainable Energy for All (SEforALL) is providing grants to 19 clean energy developers in the country to scale up renewable energy by supporting the deployment of solar and battery storage systems to businesses and institutions across Nigeria. The initiative is supported by a multi-donor results-based financing fund called the Universal Energy Facility (UEF), […]

Inaction, finance, stall renewables pacing global energy demand – REN21

    GHG emissions to rise LIC only 10% renewables projects rise 1000 GW renewable needed, only 473 GW in ‘23 Investment of $1,350bn, only $623bn in 2023  Nigeria no where on radar Ben Eguzozie    Despite the ongoing global heightened efforts by national governments, corporates and institutions for the world to hit a Net […]

2023 renewables use sets record 

Travel, vacation spend hits $4trn in 5yrs  PHILLIP ISAKPA IN LONDON, UK Two sets of global data just released and seen by Business a.m. show how records are being shattered in the deployment of renewables for power generation that would put smiles on the faces of advocates against the use of fossil fuel; and also […]

COP 28:NNPC eyes methane reduction with support from partners

Business a.m The Nigerian National Petroleum Company Limited (NNPC Ltd.) has pledged to collaborate with global partners in the effort to cut methane emissions from oil and gas operations. NNPC made the pledge while attending the UN Climate Change Conference, also known as COP28, in Dubai, United Arab Emirates. The conference was the site of […]

Nigeria sets sights on $575bn investments in decarbonisation operations  

Business a.m The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has released a statement outlining how its Industry Sustainability Initiative (NISI) could create up to $575 billion in capital investment opportunities for Nigeria through decarbonisation.  During a session at the UN Climate Change Conference 2023 (COP28), the NMDPRA explored the country’s path towards energy […]